MICR Code: 620020516

Bank: Indian Overseas Bank
IFSC Code: Ioba0000798
MICR Code: 620020516
Address: Kerupper Road Puthanatham Pin 621310
City: Tiruchirapalli
District: Puthanatham
State: Tamil Nadu

MICR is acronym of Magnetic Ink Character Recognition. Basically it is a character-recognition technology used by the banking industry to ease the processing and clearance of cheques and other documents.

Generally MICR code is nine character long. First three charaters represent city, next three charaters represents bank name and last three charaters represents bank branch.

Let's decode MICR code 620020516.

  • In this case first three codes 620 is city code and it represents city Tiruchirapalli.
  • Next three characters 020 represents bank Indian Overseas Bank.
  • Remaining characters which are 516 represents branch. In our case branch is located at address Kerupper Road Puthanatham Pin 621310.

The easiest way to find MICR code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.